The Iowa Board of Regents is studying whether to implement a tuition guarantee program that would lock in rates for four years, potentially helping families better plan for college expenses.

WATCH KATRINA'S STORY BELOW Iowa considers tuition guarantee program to help families plan college costs

The program would allow students to pay the same tuition rate throughout their four-year college career, similar to programs offered by other universities across the country. The Iowa Legislature directed the Board of Regents to examine the pros and cons of guaranteed rates for in-state students.

For families like Bridget Penick's, tuition could provide relief. The Glenwood native and Des Moines mother has four daughters; two recently graduated from state universities and a third started this

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